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Salama Cooperative Insurance SASE:8050 Stock Report

Last Price

ر.س29.80

Market Cap

ر.س599.0m

7D

-2.6%

1Y

33.0%

Updated

20 May, 2024

Data

Company Financials

Salama Cooperative Insurance Company

SASE:8050 Stock Report

Market Cap: ر.س599.0m

8050 Stock Overview

Provides insurance products and services in the Kingdom of Saudi Arabia and internationally.

8050 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Salama Cooperative Insurance Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Salama Cooperative Insurance
Historical stock prices
Current Share Priceر.س29.80
52 Week Highر.س37.00
52 Week Lowر.س18.38
Beta0.67
1 Month Change-14.74%
3 Month Change16.63%
1 Year Change33.04%
3 Year Change-52.98%
5 Year Change9.36%
Change since IPO-87.49%

Recent News & Updates

A Piece Of The Puzzle Missing From Salama Cooperative Insurance Company's (TADAWUL:8050) 27% Share Price Climb

Feb 18
A Piece Of The Puzzle Missing From Salama Cooperative Insurance Company's (TADAWUL:8050) 27% Share Price Climb

Recent updates

A Piece Of The Puzzle Missing From Salama Cooperative Insurance Company's (TADAWUL:8050) 27% Share Price Climb

Feb 18
A Piece Of The Puzzle Missing From Salama Cooperative Insurance Company's (TADAWUL:8050) 27% Share Price Climb

Investors Continue Waiting On Sidelines For Salama Cooperative Insurance Company (TADAWUL:8050)

Jan 03
Investors Continue Waiting On Sidelines For Salama Cooperative Insurance Company (TADAWUL:8050)

Even With A 30% Surge, Cautious Investors Are Not Rewarding Salama Cooperative Insurance Company's (TADAWUL:8050) Performance Completely

Sep 11
Even With A 30% Surge, Cautious Investors Are Not Rewarding Salama Cooperative Insurance Company's (TADAWUL:8050) Performance Completely

Salama Cooperative Insurance (TADAWUL:8050) Shareholders Have Enjoyed An Impressive 166% Share Price Gain

Jan 21
Salama Cooperative Insurance (TADAWUL:8050) Shareholders Have Enjoyed An Impressive 166% Share Price Gain

Salama Cooperative Insurance Company (TADAWUL:8050) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Nov 20
Salama Cooperative Insurance Company (TADAWUL:8050) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Shareholder Returns

8050SA InsuranceSA Market
7D-2.6%-7.8%-0.2%
1Y33.0%46.4%-3.0%

Return vs Industry: 8050 underperformed the SA Insurance industry which returned 46.4% over the past year.

Return vs Market: 8050 exceeded the SA Market which returned -3% over the past year.

Price Volatility

Is 8050's price volatile compared to industry and market?
8050 volatility
8050 Average Weekly Movement7.8%
Insurance Industry Average Movement7.0%
Market Average Movement5.0%
10% most volatile stocks in SA Market8.1%
10% least volatile stocks in SA Market2.5%

Stable Share Price: 8050 has not had significant price volatility in the past 3 months.

Volatility Over Time: 8050's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of SA stocks.

About the Company

FoundedEmployeesCEOWebsite
1979n/aBader Alanziwww.salama.com.sa

Salama Cooperative Insurance Company provides insurance products and services in the Kingdom of Saudi Arabia and internationally. It operates through Medical, Motor, and Others segments. It offers motor insurance products that cover accident, fire, towing, malicious, theft, estimation, and medical expenses; and medical insurance for care, medicines, chronic diseases, vaccination, maternity and neonatal, physiotherapy, ophthalmology, dental care, oncology, and CCHI.

Salama Cooperative Insurance Company Fundamentals Summary

How do Salama Cooperative Insurance's earnings and revenue compare to its market cap?
8050 fundamental statistics
Market capر.س599.00m
Earnings (TTM)ر.س51.30m
Revenue (TTM)ر.س829.19m

11.6x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8050 income statement (TTM)
Revenueر.س829.19m
Cost of Revenueر.س764.25m
Gross Profitر.س64.94m
Other Expensesر.س13.64m
Earningsر.س51.30m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.57
Gross Margin7.83%
Net Profit Margin6.19%
Debt/Equity Ratio0%

How did 8050 perform over the long term?

See historical performance and comparison
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